Press Releases

~ IT Department going aggressively after undisclosed foreign assets: Says Mr Sushil Chandra, Chairman, CBDT~

Thursday, 07 February, 2019

New Delhi, February 07, 2019: Under Automatic Exchange of Information (AEOI) route, the Government is aggressively collecting information about foreign assets accumulated by people in foreign countries and for this, it has signed treaties with various countries such as Hong Kong, Switzerland to plug in the loopholes, informed Mr Sushil Chandra, Chairman, Central Board of Direct Taxes (CBDT) at an event - ‘National Conference on Recent Challenges in Taxation and the Way Forward’ organised by ASSOCHAM in New Delhi today.

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Government to Soon Announce a Policy to Introduce ITES-Enabled Intelligent Transport System: Niti Aayog

Wednesday, 06 February, 2019

New Delhi, February 06 2019: In India, a person dies every 3.5 minutes in road accidents, out of which people in the prime age group perish the most. Despite it reaching enormous proportion, there is still lack of precautionary measures taken on road safety, states a study conducted by industry body, ASSOCHAM.

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Interim Budget aims at wooing middle class tax payers, farmers: B K Goenka, President, ASSOCHAM

Friday, 01 February, 2019

New Delhi, 1st February 2019: The finance minister, Piyush Goyal in his interim vote of account budget presented today announced sops that would benefit people from several walks of the society. Right from the farmer, to the worker from the unorganised sector to the middle class tax payer, everyone would have something to cheer upon.

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FAME II to be soon rolled out on consortia-based approach: Scientific Secy

Monday, 28 January, 2019

New Delhi, 28th January 2019: The Government will soon roll out second phase of the FAME India scheme on consortia-based approach, a top official said at an ASSOCHAM event held in New Delhi today, but he did not give a specific timeline.

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Media and entertainment industry to touch USD 52,683 million by 2022: ASSOCHAM-PwC

Sunday, 27 January, 2019

New Delhi, January 26, 2019: The Indian media and entertainment industry is projected to grow at a CAGR of 11.7% from USD 30,364 million in 2017 to USD 52,683 million in 2022 due to rising populations, increasing disposable incomes and new technologies have fuelled the growth of all forms of content consumption, be it cinema, television or over-the-top (OTT) services, according to an ASSOCHAM-PwC joint study.

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Govt. addressing concerns of textile sector through favourable policy decisions: Smriti Irani

Sunday, 20 January, 2019

Gandhinagar, 20th January, 2019: The Union Government will look into textile industry’s apprehensions vis-à-vis embedded duties not being refunded fully and see that no tax is imposed on exports, Union Minister of Textiles Ms Smriti Irani stated at an ASSOCHAM event held in Gandhinagar today.

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J&K Lt. Governor opened ASSOCHAM office in Jammu; seeks partnership of industry/tourism summits

Sunday, 13 January, 2019

Jammu, 13th December 2019: Responding to a clarion call of Hon'ble Prime Minister Shri Narendra Modi to industry to participate in the development of Jammu and Kashmir, ASSOCHAM today opened its office at Jammu. The office was inaugurated by Hon'ble Lieutenant Governor Shri Girish Chandra Murmu. ASSOCHAM reiterated its commitment to partner with the government, seeking to launch investment initiatives in the re-organised Union Territory, focussing on tourism and industrial development.

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ASSOCHAM delegation meets RBI Guv over liquidity crisis being faced by NBFCs/HFCs

Friday, 11 January, 2019

New Delhi, 11th January 2019: A high-level Associated Chambers of Commerce and Industry of India (ASSOCHAM) delegation led by its past-president Mr Sunil Kanoria met Reserve Bank of India (RBI) Governor, Mr Shaktikanta Das in New Delhi today to highlight the issues on liquidity crisis being faced by non-banking financial companies (NBFCs) and housing finance companies (HFCs).

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Delhi govt. willing to provide funds for viable solutions to waste management: Satyendar Jain

Thursday, 10 January, 2019

New Delhi, 10th January 2019: The Delhi Government is looking for simple, viable, decentralised and concrete solutions and is willing to provide funds to counter the city’s waste management problem, Mr Satyendar Jain, Minister of Industries and Urban Development said at an ASSOCHAM event held in New Delhi today.

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India saw 457% rise in cybercrime in five years: ASSOCHAM-NEC

Wednesday, 09 January, 2019

New Delhi, 9th January, 2019: India has witnessed a 457 percent rise in cybercrime incidents under the Information Technology (IT) Act, 2000 from the year of 2011 to 2016, a recent ASSOCHAM-NEC joint study said.

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